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HomeMy WebLinkAbout0220 4693~Z6 ~ o ~ec~st~~~c~o~oc~c~aac~xx~xaa~cot»c,~ucacl~ia~,o~aa~xl~ouca,~Qoe~ ~K OIiX~~>~IA6x ~ FUTU E ADVANCES MAY BE MADE AS PROVIDED FOR HEREIN. FLORIDA,~St. Lucie 8Y);aleeY Countties In consideration of and w.ecure all existing indebtedness or W $ M GroV@ COmDB~,~[+ Ineornoratt:d ,Borrower (whether one or morel, to Gulf-Atlantic Production Credit Asvoeiation, I~nder, and all advances that may be made by Lender to Borrower within twenty years from the date of this mortgage, with interest thereon (the total principal amount assured hereby not to e:aed at any one time --One Hundred Sixty-Four Thousand Five Hundred Seventy-Two and NO/10t Dollara(f, 164, 572.00-----) Undersigned has granted, bargained, Hold and conveyed, and by these presents does hereby grant, bargain, sell and convey unto Lender, its suaeasora and assigns, the folbwing described lands in St . Lucie *XIf~CK County, Florida: SEE EXHIBIT A ATTACHED HERETO AND MADE A PART HEREOF This is a Replacement Mortgage in St. Lucie County and a New .This instrument pre red by Mortgage in Lake County.. This is a replacement of those Mortgages recorded in of G -Atlantic uction 0. R. Books 255, and 302, Pages 440 and 1428 of the Credit Ass'n., P. O. Box 1546 Public Records of St, Lucie County, Florida, and all I.ak^land,F7orida 33802 taxes, if any, will be paid in St. Lucie County, Florida. This mortgage is executed in duplicate, each of which is deemed an original, for simultaneous recording in each of. the two counties wherein the properties-are located, No new funds are-being advanced to the mortgagor at the time of the execution of this instrument, and hence no documentary stamp taxes or Class "C" Intangible taxes are. payable. together with all and singular the tenements, hereditements, and appurtenances thereunto belonging ce in anywise appertaining, and the rcnty, iysttea and profits thereof . A default under this instrument or under any other instrument heretofore or hereafter executed by Borrower and/or Undersigned to finder, or s default by Borrower and/or Undersigned under any instrumentls) wnatituting a lien prior to the lien of this instrument, shall at the option of Lender constitute a default under any one or more, or all instruments a:ecuted by BorroNYi and,'or Undersigned to Lender. TO HAVE AND 1`O HOLD the said property unto Lender, its auceessora and assigns, in fee simple forever. 'Ibis mortgage is executed pursuant to Section 697.U~ Florida Statutes, a, amended, to secure agricultural bans and loans of any other character. This mortgage shall also secure all d~sMrrsemenLs that may be made by Lender for tares, levies, or insurance on the property herein described, with interest thereon. The lien of this mortgage shall not be terminated or otherwise affected during a period of tirenty years from the daft hereof by repayment in full, one or more times, of all indebtedness then outstanding unless this mortgage shall be formally released or discharged of rergfd: Provided, hwuecrr, that if et any ' time during twenty years from the date of Nis mortgage there be no indebtedness outstanding of Br?rower to Lender, and no obligation of !.ender to make aria further advances to Borrower, finder will, upon written request of Undersigned, execute and deliver to Undersigned a satisfaction of this mortgage. The ex~sti~ indebtedness and all advances that may be made hereunder are, and will be, evidenced by notes, all of which are hereby expressly made a part of this mortgage. In the event Lender bernmes a party to any legal proceeding le:cluding an action to foreclose this mortgage or W Dolled the debt hereby secur+edl, involving this mo_tgage or the premises described herein !including but not limited to the title b the lands described herein). Lender may also recover of Undersigned anther Borrower all costa and expenses reasonably incurred by Lender, including a reasonable attorney's fee, which costs, expenses and attornxy's fee when paid by finder shall become a part of the debt secured hereby and shall be immediately payable upon demand, and shall draw interest from the date of advance by Lender until paid at the highest rate provided in any note or other instrument secured hereby. The provisions, terms, covenants, conditions, obligations, power and other contents set forth in Section B, a:apt paragraph I1, and Section C in that Blank a Master Form of Mortgage No. 1 of FartnerS ~ Central F1nTida Production Credit Association, q~ 0. R. j rcrnrded in the office of the Clerk of the Circuit Court of St . Lucie 8 Lake Coun~i~oTrids, in Mortgage Book 184 8 ~Qr__ - @ respectively ~~,~t~''~-; Page 2847 8 966 ~ arc hereby incorporated by reference and made a part of this instrument as if set Wrth herein in e:tenao. l~ie~t ar ~ ' said Master Form is hereby acknowledged by Undersigned.) ~ `sue ~ EXECUTED, SEALED AND DELIVERED, this day of ~ . 1li~ ` G~ - ~ y j,~ r~ ~Q r1 i 4~ i` A t ~ ADVANCES MAY BE MADE A3 PROVIDED FOR H I~ ~ OVE COMP COR ~ Signed, Datirered in the of ~ ~h ,N it ~y e man, es ent - - - lL. 3.) ~ T • cL. sa 1 Webman etary cL. sa ACKNOWLEDGMENT FOR INDIVIDUALS ~ FLORIDA, County. a 1 HEREBY CERTIFY, that on this date, before me, the undersigned otricer, appeared .personally known to roe to be the individually) described in and who executed the foregoing instrument, and aekrwwkd®ed that executed the same freely and voluntarily for the purposes therein expressed. VYITNES3 my hand end ot5aal seal, this day of , 19 ntt PAGE ~y csEAL) 60DK ~ ~ ITitla)